209
209
Jan 1, 2013
01/13
by
KICU
tv
eye 209
favorite 0
quote 0
with higher taxes, california would spend less and tax r eceipts would drop. the loss of $11 billion in revenues in two years. the automatic spending cuts could affect thousands of jobs here in california. >>> optimism strikes a deal on a winning note. they break a five-day losing streak. the nasdaq scored a 2% gain with a 55 gain. >> they tell me they plan to take advantage of public transportation to get to and from their new year's party s afely. for many, new year's eve plans s, it's easier and cost efficient. we will take a cab and won't have to go anywhere. >> bart is running trains out of san francisco and extending service until 3 p.m. some lines will only stop at certain downtown stations. >> the point is to make sure they don't get overcrowded. >> muny is offering service. >> the bus lines including the 14, the 38 and the 5 will be r unning extended service throughout the night. >> they're adding service and will be free after 11 p.m. the last one leaves at 2:14. >> a lot of crazy people. dumb people. >> taxis will be in high demand, they are offerin
with higher taxes, california would spend less and tax r eceipts would drop. the loss of $11 billion in revenues in two years. the automatic spending cuts could affect thousands of jobs here in california. >>> optimism strikes a deal on a winning note. they break a five-day losing streak. the nasdaq scored a 2% gain with a 55 gain. >> they tell me they plan to take advantage of public transportation to get to and from their new year's party s afely. for many, new year's eve plans...
199
199
Dec 30, 2012
12/12
by
KRON
tv
eye 199
favorite 0
quote 0
halt an increase in the estate tax. now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to shift the responsibility of failure onto republicans just before the nation reaches the hour of reckoning. jessica yellin >> still ahead on kron 4 news at eight. a multi-million dollar lawsuit. on behalf of a six year old who survived the newtown school shooting. we meet the lawyer who is taking up the case. then. police put up sobriety check points just in time for the new year celebrations. we'll tell you where. plus. >> coming up the best and the worst in the next edition of people behaving badly. >>> police are cracking down on people drinking and getting behind the wheel this hol
halt an increase in the estate tax. now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to shift the responsibility of failure onto republicans...
299
299
Jan 1, 2013
01/13
by
KRON
tv
eye 299
favorite 0
quote 0
with a lot of these tax provisions up. the fiscal cliff is about taxes and spending. but the big question is that what is the spending issue. if they do have an impact it should not be an impact on the economy. >> people are really losing faith? >> these people of that nearly two years to get this done. for all of the whining... i do not really think there's much sympathy from the american people. the fact of the matter is that there is not just the fiscal cliff but also there is a pending bill that is being held up by the house of republicans. to make sure that the price of milk does not double puriwith nearly $7-for $eight! and can they still with the spending cuts? right now, we are going to hear that it is just going to kick the can and down the road. everything including the spending cuts will be on the table. >>> the impression is that they are closed with the devil is in the detail. there are a lot of emotion and. >> and in terms of the tax issue. this is cutting taxes. i do not want to make you... 12 renegotiate on your tax possibility but the question is weat
with a lot of these tax provisions up. the fiscal cliff is about taxes and spending. but the big question is that what is the spending issue. if they do have an impact it should not be an impact on the economy. >> people are really losing faith? >> these people of that nearly two years to get this done. for all of the whining... i do not really think there's much sympathy from the american people. the fact of the matter is that there is not just the fiscal cliff but also there is a...
125
125
Dec 26, 2012
12/12
by
KRON
tv
eye 125
favorite 0
quote 0
if congress doesn't extend it by the end of the year homeowners will have to start paying income taxes on the portion of their mortgage that is forgiven in a foreclosure short sale. >> netflix streaming service is back up and running after being knocked out for most of the day yesterday. netflix blamed amazon's cloud infrastructure for the problem. they're saying the outage was across the americas. they apologized in a tweet yesterday calling it terrible timing. wired magazine reports that this is the third time this year that an amazon outage has disrupted netflix. >> stanley roberts found people behaving badly. >> this isn't easy. the man made bridge that i'm trying to cross mid to feel coyote creek with a camera. i'm not liking this but it is what it is. >> this is just one of many bridges that allow the homeless to go back and forth. >> i'm not worried about the camera, i can take a dunk but the camera can't. >> there's 8 miles of homeless encampments what i'm about to show you is a small bit. they're all along the creek which is a delicate ecosystem that is in grave danger. this w
if congress doesn't extend it by the end of the year homeowners will have to start paying income taxes on the portion of their mortgage that is forgiven in a foreclosure short sale. >> netflix streaming service is back up and running after being knocked out for most of the day yesterday. netflix blamed amazon's cloud infrastructure for the problem. they're saying the outage was across the americas. they apologized in a tweet yesterday calling it terrible timing. wired magazine reports...
347
347
Jan 1, 2013
01/13
by
KTVU
tv
eye 347
favorite 0
quote 0
the deal raises the tax rate from 35% to more than 39% for households making more than $450,000 a year. but it puts off decisions on $110 billion in across the board spending cuts to military, and domestic programs. we get more now on capitol hill. >> reporter: a very happy new year for the senate, closing out 2012 with a deal. hammering out a compromise on spending cuts. deal or no deal, the u.s. is destined to go over the cliff, because the house convened monday night. earlier in the day, tough words for republicans. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone, if they think that's going to be the formula for how we solve this thing, they have another thing coming. that's not how it's going to work. >> reporter: the deal will extend unemployment benefits, and bring back higher clinton era taxes on top earners. an increase in extensions from households earning $250,000 a year, reportedly to those making $450,000. frustrated republicans say while the deal will likely pass, it's not ideal. >> i personally just don't like it because
the deal raises the tax rate from 35% to more than 39% for households making more than $450,000 a year. but it puts off decisions on $110 billion in across the board spending cuts to military, and domestic programs. we get more now on capitol hill. >> reporter: a very happy new year for the senate, closing out 2012 with a deal. hammering out a compromise on spending cuts. deal or no deal, the u.s. is destined to go over the cliff, because the house convened monday night. earlier in the...
230
230
Dec 29, 2012
12/12
by
KRON
tv
eye 230
favorite 0
quote 1
there will be automatic tax increases and spending cuts. we'll have more from our political analyst in a minute - but first. kron 4's justine waldman is back with more on our developing story. >> reporter: after meeting with bi-partisan leaders friday, the president said no one will get 100-percent of what they want. he said if congress can't reach a deal. congress should allow a vote on a basic package that would preserve tax cuts for middle-class americans, >> i am optimistic that we can still pass a deal in both houses in time, mitch mcconnell, and harry reid are working on an agreement as we speak >> i have my confidence destroyed on other occasions and so i hope it is not on this occasion the timing, we have to do it now that is what the next 24 hours will be very important. >> we had a good meeting in the white house we are engaged in discussions with the majority, the leader and myself in hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to hi
there will be automatic tax increases and spending cuts. we'll have more from our political analyst in a minute - but first. kron 4's justine waldman is back with more on our developing story. >> reporter: after meeting with bi-partisan leaders friday, the president said no one will get 100-percent of what they want. he said if congress can't reach a deal. congress should allow a vote on a basic package that would preserve tax cuts for middle-class americans, >> i am optimistic that...
269
269
Dec 28, 2012
12/12
by
KRON
tv
eye 269
favorite 0
quote 1
the biggest divide continues to be taxes. democrats want to extend the bush-era tax cuts to everyone except those americans making 250- thousand dollars or more a year. many republicans remain against any tax increases. >> rep. steven latourette (ohio): nobody is willing to pull the trigger. everybody wants to play the blame game. this blame game is about to put us over the edge. >> some say a scenario that could play out is allowing tax increases to take effect on january 1st. then on the 3rd when the new congress is sworn in, lawmakers can vote to cut taxes. >> grant: joining us now, our poltical analyst micahel yaki. to you think that it is a feasible scenario? >> i think that it is pretty likely we have a speaker of the house right now... >> grant: what do think that means for the people's taxes? worker their retroactively put those in place? >> the payroll taxes will be given oa and gone there will beo op-first. however, the markets are going to think that by the first of january they might not go on this roller coaster
the biggest divide continues to be taxes. democrats want to extend the bush-era tax cuts to everyone except those americans making 250- thousand dollars or more a year. many republicans remain against any tax increases. >> rep. steven latourette (ohio): nobody is willing to pull the trigger. everybody wants to play the blame game. this blame game is about to put us over the edge. >> some say a scenario that could play out is allowing tax increases to take effect on january 1st. then...
107
107
Dec 29, 2012
12/12
by
KICU
tv
eye 107
favorite 0
quote 0
taxes go up for all americans and traásic cuts will hit -- and drastic cuts will hit the national budget. >>> the dow fell 158 points, and the nasdaq fell 25 points. >> they may you know want to do something illegal just to put food on the table. >> coming up in 18 minutes finally strapped the hundreds of thousands of people set to feel the impact of the financial cliff starting tomorrow. >>> a sixth suspect has now been charged in connection with a beating and homicide in san francisco where the victims were bound and gagged. ktvu's david stevenson was in court today and tells us for the first time the district attorney talked about a possible motive. >> cameras were not allowed in this san francisco courtroom as prosecutorred announced a sixth suspect in a brutal beating and homicide in which two victims were left beaten and gagged. katherine uong described as a felon nicknamed killer is the first to be charged with the killing. an 18-year-old woman was found with reed also severely beaten she is now recovering. george gascon today signaled a motive. >> it appears there may be some rel
taxes go up for all americans and traásic cuts will hit -- and drastic cuts will hit the national budget. >>> the dow fell 158 points, and the nasdaq fell 25 points. >> they may you know want to do something illegal just to put food on the table. >> coming up in 18 minutes finally strapped the hundreds of thousands of people set to feel the impact of the financial cliff starting tomorrow. >>> a sixth suspect has now been charged in connection with a beating and...
124
124
Dec 29, 2012
12/12
by
KOFY
tv
eye 124
favorite 0
quote 0
his plan for avoiding new year tax hike. >> luxury holiday cruise nightmare. not just happening on 1 ship nightmare. >> stern censorship changes over sea. one country insist all i know net users must do all i know net users must do before logging on. stay with >> late afternoon meeting at the white house brings some progress toward avoiding the fiscal cliff which is coming very soon. just a couple of days. tonight the president called the meeting constructiv constructive. mark matthews has look at the cost of going over the fiscal cliff if we do. >> president is optimistic but if deal can't be reached this weekend he will tell senate leader reid tiny introduce a fall back bill. >> bill on the floor that make sure that taxes on middle class family don't go up. that unemployment insurance is still available for two million people lay the ground work then for additional deficit reduction and economic growth steps to take in the new year that. >> bill ass the president calls the bare minimum isn't what many on capitol hill had hoped for. it pushes off until next y
his plan for avoiding new year tax hike. >> luxury holiday cruise nightmare. not just happening on 1 ship nightmare. >> stern censorship changes over sea. one country insist all i know net users must do all i know net users must do before logging on. stay with >> late afternoon meeting at the white house brings some progress toward avoiding the fiscal cliff which is coming very soon. just a couple of days. tonight the president called the meeting constructiv constructive. mark...
201
201
Dec 28, 2012
12/12
by
KICU
tv
eye 201
favorite 0
quote 0
high earning californians will pay higher income taxes for seven years. the fiscal cliffs will hit all americans with much higher taxes and that could lead to an over all u.s. economic downturn. that in term could derail in of the benefits prop 30 may have meant for the state. >> i don't know there's a word to describe how the public is going to be. nobody is going to be happy to see that happen. >> if taxes go up on everybody, it's not going to be a happy time. but i think that's what's inevitably going to happen. >> reporter: average earnings will see 4%, top earners about 6%. that says nothing of lost deductions or other unknowns such as deduction driven pay cuts, lay offs and over all decreased economic development. >> we're going to be very angry. if you're on top, you're on top. but if you're in the middle of the bottom you're really going to be affected by this. >> reporter: now add unemployment benefits that are going to be cut off. >> i make that american politics tend to hurt the american people. >> reporter: fact is no one will be exempt. tom v
high earning californians will pay higher income taxes for seven years. the fiscal cliffs will hit all americans with much higher taxes and that could lead to an over all u.s. economic downturn. that in term could derail in of the benefits prop 30 may have meant for the state. >> i don't know there's a word to describe how the public is going to be. nobody is going to be happy to see that happen. >> if taxes go up on everybody, it's not going to be a happy time. but i think that's...
164
164
Dec 26, 2012
12/12
by
KRON
tv
eye 164
favorite 0
quote 0
without an agreement, automatic tax increase is for everyone and deep spending cuts will be triggered in the new year. the >> the death toll has risen to six from winter storms in the nation's midsection. if this is video automobile, alabama. an enormous storm system that brought snow and sleet to the nation's midsection and tournedos to the deep south is now moving its way toward the northeast. >> we are still tracking pretty good storm sales as you can see here is a live look as storm tracker 4. san for cisco is starting to dry out. we are still seeing pretty good rain coming out towards ever bring and 101. \ evergreen and 101. hayward and union city are also looking at moderate rain showers that are coming through. richmond and certain parts oakland are also looking at light rain. all the rain will stick a round and we will have scattered showers for the rest of the day. showers will decrease by the afternoon and you should grab your unreligious in case you are doing shopping. the showers will and by tonight and the skies should clear up. temperatures right now are 49 degrees in oa
without an agreement, automatic tax increase is for everyone and deep spending cuts will be triggered in the new year. the >> the death toll has risen to six from winter storms in the nation's midsection. if this is video automobile, alabama. an enormous storm system that brought snow and sleet to the nation's midsection and tournedos to the deep south is now moving its way toward the northeast. >> we are still tracking pretty good storm sales as you can see here is a live look as...
232
232
Dec 27, 2012
12/12
by
KRON
tv
eye 232
favorite 0
quote 0
without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> vicki: starbucks will publicly take a stand on the looming fiscal cliff. c-e-o howard schultz is asking workers at its 120 d-c-area stores to write "come together" on the coffee cups they serve on thursday and friday. he says it's a way to quote: "send our elected officials a respectful but potent message, urging them to come together to find common ground." both sides are due back by thursday and have vowed to make a final attempt. starbucks notes workers are not required to write the message on cups. >> 49ers sunday at candlestick with a chance to clinch the division title kron four's jason appelbaum joins me now with more. .jason the team's a little banged up right? >> manning's am >> vernon davis, manning >> . >> and justin smith at this kind of the big one, butthe injuries shouldn't be a problem sunday with an arizona team in town that has lost 9 of it's last 10 games coach jim harbaugh's team a two-touchdown favori
without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> vicki: starbucks will publicly take a stand on the looming fiscal cliff. c-e-o howard schultz is asking workers at its 120 d-c-area stores to write "come together" on the coffee cups they serve on thursday and friday. he says it's a way to quote: "send our elected officials a respectful but potent message,...
443
443
Dec 26, 2012
12/12
by
KPIX
tv
eye 443
favorite 0
quote 0
it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a drop off for doctors. >> if republicans do give in and support the deal being put together by harry reid that deal is expected to be far less favorable than the potential deal they had been working on with president obama. >> republican strategist, frank luntz has been talking with voters, what is the chance you see this becomes the new compromise? >> i'm not sure if hooert side is watching very closely. we did a survey and we got two interesting questions. one that's very tough on republicans. we asked the american people who is the gop fighting for and representing, the number one answer, the rich the number two answer, big business, well back is number three hard-working taxpayers. by them fighting this on the most wealthy americans, they say once again the gop
it's expected to extend bush-era tax cuts. it would also include short-term spending cuts instead of the massive cuts that would occur if there is no deal. it would also patch up the alternative minimum tax that will hit even more middle class families and schedule a drop off for doctors. >> if republicans do give in and support the deal being put together by harry reid that deal is expected to be far less favorable than the potential deal they had been working on with president obama....
344
344
Dec 27, 2012
12/12
by
KPIX
tv
eye 344
favorite 0
quote 0
there are just five days left before across-the-board tax increases and spending cuts kick in. chip reid is in the capitol. chip, good morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to take the lead in getting the job done. the senate convenes later today and majority leader harry reid has told members to be prepared to work on fiscal cliff issues through the weekend. reid is working on his own plan to get members to come together before the end-of-the-year deadline. that plan would likely include letting the bush tax cuts expire for households making more than $250,000 a year and short-term spending cuts instead of the massive cuts that would occur if there is no deal. after a wednesday conference call, house republican leaders issued a statement saying they're waiting for the
there are just five days left before across-the-board tax increases and spending cuts kick in. chip reid is in the capitol. chip, good morning. >> reporter: well, good morning, rebecca. the president boarded air force one in hawaii early this morning and headed back to washington to deal with the so-called fiscal cliff. with just five days until the combination of automatic tax increases and spending cuts that could send the economy back into recession, the president wants congress to...